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Money

Fannie Mae cuts U.S. home sales forecast, points to supply constraints

Fannie Mae on Wednesday cut its forecast for home sales in the second and third quarters of 2021, blaming a lack of listings and...

Britain’s subprime lenders buckle under weight of complaints

The number of Britons with poor credit ratings is rising in the wake of the COVID-19 pandemic, just as many lenders who cater to...

Is the world holding down US Treasury yields?

Just who or what is holding down U.S. government borrowing rates has become one the big financial questions of the year - at least...

Hyundai Motor Group chases local chipmakers to cut exposure to shortage

Hyundai Motor Group is in talks with South Korean chip companies to help it reduce reliance on foreign supplies amid a global shortage that...

PwC planning to hire 100,000 over five years in major ESG push

Accounting firm PwC said on Tuesday it would invest $12 billion over five years to create 100,000 new jobs aimed at helping its clients...

Faster U.S. wage rises will help entrench inflation

U.S. employees are feeling confident enough to push for better pay and conditions, despite the high level of unemployment after the pandemic, a sign...

Pre-owned business jet shortage drives sellers’ market and demand for new luxury planes

A shortage of newer-model business jets is driving up prices of second-hand aircraft, a trend that is expected to deliver a windfall for luxury...

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